USD/INR closed at 68.8025 against its opening of 68.75.
Dollar under pressure after Fed fuels bets on large rate cut.
Sensex provisionally ends 560 points lower at 38,337, with all but four components in the red.
ECB to cut rates in September, QE 2.0 still on the cards - analyst poll.
U.S. sanctions network selling materials for Iran nuclear programme.
North Korea says nuclear talks at risk if U.S.-South Korea exercises go ahead.
South Korea's central bank surprises with rate cut as Japan row adds to risks.
U.S., Japan eye possible small trade deal by September: sources.
Japan's core inflation hits 2-year low, might push BOJ to ease again soon.
Iran ready to talk if U.S. lifts sanctions, Pompeo skeptical.
Japan trade minister blasts South Korea for 'mistaken' explanation after bilateral meeting.
Oil jumps, Brent up more than 2% after U.S. Navy downs Iranian drone.
China makes biggest U.S. sorghum purchase since April as trade talks resume.
Trump administration erects another barrier to immigrants seeking U.S. asylum.
Worried UK employees call for changes to proposed immigration reform.
China to tighten restrictions on scrap metal imports.
Gold inches down as strong U.S. retail sales lift dollar.
Asia stocks firm as Fed props up rate cut expectations.
Chance of no-deal Brexit rises as Johnson leads Hunt - poll.
Domestic stock and money markets are shut on Wednesday on account of Eid-Ul-Fitr. Commodity exchanges would be closed in the morning session, but would resume trade in the evening. The stock market in Singapore is also shut for the day for Hari Raya Puasa. Rest of the key global markets are trading as usual.
In overnight trade, stocks rebounded on Wall Street, as Fed Chair Jerome Powell said the central bank would act "as appropriate" to trade war risks, leaving the door open for a possible rate cut.
The RBI policy on June 6 is going to be a big booster for the stock market. we expect RBI to cut rate by 25 basis points, change its policy stance to ‘accommodative’ and address the liquidity deficit, may be even go for a surplus liquidity framework from ‘neutral’.
For Tuesday, the BSE barometer Sensex declined 184 points, or 0.46 per cent, to settle at 40,084. Its NSE counterpart Nifty ended at 12,022, down 67 points or 0.55 per cent.
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